Investor · Lake Wales, FL · Member since 2015 · 33 posts · 9 votes
11y
Wayne Brooks
I am wanting to buy and hold. My goal is to use seller financing or lease option to control the property, then a balloon payment in 3-5 years.
Investor · Lake Wales, FL · Member since 2015 · 33 posts · 9 votes
11y
Wayne Brooks
I am wanting to buy and hold multi family properties. My goal is to use seller financing or some other creative financing to control the property, then a balloon payment in 3-5 years.
Real Estate Professional · West Palm Beach, FL · Member since 2012 · 23k+ posts · 13k+ votes
11y
The standard FARBAR contract has an inspection contingency. You spell out the terms of the financing in the contract, maybe referencing a standard FNMA mortgage document. No addendums needed, unless it's a pre 1978 building.